Fire Funds Wealth Etf Probability of Future Etf Price Finishing Over 19.82
| FIRS Etf | 19.82 0.16 0.81% |
FIRE |
FIRE Funds Target Price Odds to finish over 19.82
The tendency of FIRE Etf price to converge on an average value over time is a known aspect in finance that investors have used since the beginning of the stock market for forecasting. However, many studies suggest that some traded equity instruments are consistently mispriced before traders' demand and supply correct the spread. One possible conclusion to this anomaly is that these stocks have additional risk, for which investors demand compensation in the form of extra returns.
| Current Price | Horizon | Target Price | Odds to move above the current price in 90 days |
| 19.82 | 90 days | 19.82 | about 88.83 |
Based on a normal probability distribution, the odds of FIRE Funds to move above the current price in 90 days from now is about 88.83 (This FIRE Funds Wealth probability density function shows the probability of FIRE Etf to fall within a particular range of prices over 90 days) .
Given the investment horizon of 90 days FIRE Funds has a beta of 0.22. This usually indicates as returns on the market go up, FIRE Funds average returns are expected to increase less than the benchmark. However, during the bear market, the loss on holding FIRE Funds Wealth will be expected to be much smaller as well. Additionally FIRE Funds Wealth has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming the Dow Jones Industrial. FIRE Funds Price Density |
| Price |
Predictive Modules for FIRE Funds
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as FIRE Funds Wealth. Regardless of method or technology, however, to accurately forecast the etf market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the etf market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.FIRE Funds Risk Indicators
For the most part, the last 10-20 years have been a very volatile time for the stock market. FIRE Funds is not an exception. The market had few large corrections towards the FIRE Funds' value, including both sudden drops in prices as well as massive rallies. These swings have made and broken many portfolios. An investor can limit the violent swings in their portfolio by implementing a hedging strategy designed to limit downside losses. If you hold FIRE Funds Wealth, one way to have your portfolio be protected is to always look up for changing volatility and market elasticity of FIRE Funds within the framework of very fundamental risk indicators.α | Alpha over Dow Jones | -0.03 | |
β | Beta against Dow Jones | 0.22 | |
σ | Overall volatility | 0.23 | |
Ir | Information ratio | 0.10 |
FIRE Funds Alerts and Suggestions
In today's market, stock alerts give investors the competitive edge they need to time the market and increase returns. Checking the ongoing alerts of FIRE Funds for significant developments is a great way to find new opportunities for your next move. Suggestions and notifications for FIRE Funds Wealth can help investors quickly react to important events or material changes in technical or fundamental conditions and significant headlines that can affect investment decisions.| FIRE Funds Wealth generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: REX Shares launches first-ever Bitcoin corporate treasury convertible bond ETF - crypto.news |
FIRE Funds Price Density Drivers
Market volatility will typically increase when nervous long traders begin to feel the short-sellers pressure to drive the market lower. The future price of FIRE Etf often depends not only on the future outlook of the current and potential FIRE Funds' investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. FIRE Funds' indicators that are reflective of the short sentiment are summarized in the table below.
FIRE Funds Technical Analysis
FIRE Funds' future price can be derived by breaking down and analyzing its technical indicators over time. FIRE Etf technical analysis helps investors analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of FIRE Funds Wealth. In general, you should focus on analyzing FIRE Etf price patterns and their correlations with different microeconomic environments and drivers.
FIRE Funds Predictive Forecast Models
FIRE Funds' time-series forecasting models is one of many FIRE Funds' etf analysis techniques aimed to predict future share value based on previously observed values. Time-series forecasting models are widely used for non-stationary data. Non-stationary data are called the data whose statistical properties, e.g., the mean and standard deviation, are not constant over time, but instead, these metrics vary over time. This non-stationary FIRE Funds' historical data is usually called time series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the etf market movement and maximize returns from investment trading.
Things to note about FIRE Funds Wealth
Checking the ongoing alerts about FIRE Funds for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for FIRE Funds Wealth help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.
| FIRE Funds Wealth generated a negative expected return over the last 90 days | |
| Latest headline from news.google.com: REX Shares launches first-ever Bitcoin corporate treasury convertible bond ETF - crypto.news |
Check out FIRE Funds Backtesting, Portfolio Optimization, FIRE Funds Correlation, FIRE Funds Hype Analysis, FIRE Funds Volatility, FIRE Funds History as well as FIRE Funds Performance. You can also try the Equity Valuation module to check real value of public entities based on technical and fundamental data.
The market value of FIRE Funds Wealth is measured differently than its book value, which is the value of FIRE that is recorded on the company's balance sheet. Investors also form their own opinion of FIRE Funds' value that differs from its market value or its book value, called intrinsic value, which is FIRE Funds' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because FIRE Funds' market value can be influenced by many factors that don't directly affect FIRE Funds' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between FIRE Funds' value and its price as these two are different measures arrived at by different means. Investors typically determine if FIRE Funds is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, FIRE Funds' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.